Post
Topic
Board Altcoin Discussion
Re: Litecoin: Confidential Transactions Funding Update:
by
shinratensei_
on 21/01/2020, 03:12:10 UTC
As of current date: 501 Litecoins have been donated to the Confidential Transactions fund to pay for Dev David Burkett. The goal is 72,000 USD granted the completion of the project.

A bit over 0.04 Bitcoin have been donated to the fund also. If litecoin is able to get Confidential Transactions as an opt-in, this would definitely help bitcoin achieve better privacy going forward into 2021 and onward.

To donate to the fund:

https://litecointalk.io/t/litecoin-confidential-transactions-dedicated-fund/26690


It looks like the community is started to run out of funds as when all of the funding depends on charlie and this community will never move forward. Ah, that's why i take every platform must have at least one product that must be oriented in revenue.
Whatever you call it as a major company or protocol like litecoin and when it is only using funding as its main income to continue rnd and this will die in the future.
Not all of the major coins can be called a healthy coin. A project like this is just a matter of time until it will die.
Litecoin developers must change their orientation.